Is 5paisa safe to trade with?

5paisa Account Opening

FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

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Yes, 5paisa is a safe, reliable, and trustworthy stockbroker. 5paisa is promoted by Mr. Nirmal Jain, the founder of well know IIFL group (formally India Infoline). 5paisa is a professionally managed and publicly-traded company listed at BSE and NSE.

5paisa is primarily involved in online trading and investment. It offers add-on services like research and margin funding through its partnership with IIFL Group companies. It also uses the technical infrastructure of IIFL which is powerful and stable.

5pisa is not involved in proprietary trading. It also doesn't keep customer shares in a pool account. All shares are transferred to the customer demat account directly.

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Topic: 5paisa - Is it safe or not?

1 Comments

1. Raghav Nov 2, 2020 06:21

No they are biggest frauds.. They take money and never put into the ledger account.. I have transferred money 3 weeks ago they have not transferring into my ledger account. Please don't work with 5 Paisa they are biggest fraud.

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